Applix Announces Fifth Consecutive Quarter of More Than 50 New Analytics Customers; Applix Partner Channel Key to Closing Wins.Business Editors/High-Tech Writers WESTBOROUGH, Mass.--(BUSINESS WIRE)--April 24, 2003 Applix, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : APLX), a global provider of Business Intelligence (BI) and Business Performance Management (BPM) software solutions, today announced 56 new customer contracts worldwide for the first quarter of 2003. David Mahoney, chief executive officer of Applix, said, "We continue to capitalize on the strong demand for our analytics products. Our BI and BPM solutions enable companies to meet accelerated financial reporting schedules and the need for flexible internal budgeting and real-time customer forecasting. These latest wins also validate our focus on actively working with our channel partners worldwide. In Q1 2003, Applix business partners were engaged in nearly all of the U.S. deployments of TM1 and associated products and in more than half of its international deployments," said Mahoney. From new customers Upromise to the Royal Shakespeare Company Royal Shakespeare Company (RSC), a British repertory theater. The company, established in 1960, was based on the earlier Shakespeare Memorial Theatre at Stratford-on-Avon. It is a national theater supported by government funds. , companies across the globe turn to Applix software products to harness and understand critical financial and business information in a timely manner. By capturing data in real time, companies are able to make business decisions based on daily operational and financial information - a critical need for managing businesses in a fluctuating economy. Lufthansa Cargo AG, an autonomous company within the Lufthansa Group and the world's leading carrier for international scheduled airfreight business, recently selected TM1 for its sales and marketing budgeting. The company chose Applix's OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. offering for its flexibility and the speed of calculation. Lufthansa Cargo conducted performance benchmarks with three competitive OLAP tools during the selection process. After a scenario testing demo data, Applix TM1 proved to be the best solution due to its outstanding calculation speed and spreading functionality, Lufthansa Cargo indicated. The new customer wins from North America, Europe and the Pacific Rim are composed of sales of Applix's TM1, the only real-time OLAP engine, and Integra, its complimentary BPM platform, that adds real-time alerting, workflow and Web deployment to the analytical strength of TM1. Applix's new customers (with associated Applix partners) include: Analysys Ltd., Austrian Energy & Environment AG, Aventis Behring (Breakaway Technologies), Aviva Group, Akzo Nobel Coatings Gmbh, Bega Cheese (GEAC (Geac Computer Corporation Limited, Markham, Ontario, www.geac.com) A major Canadian software company acquired in early 2006 by Golden Gate Capital. Founded in 1971, and originally specializing in library automation, Geac is best known for its SmartStream financial, payroll and human Enterprise Solutions), Cox Insurance Holdings, Department of Urban Services (Australia), Extend Reach Corporation (ID Applications), GHD GHD Growth Hormone Deficiency GHD Good Humanitarian Donorship GHD Good Hair Day GHD Gutteridge Haskins and Davey GHD Graduate Hall Director (university housing) GHD Global Help Desk GHD Growth Hormone Disorder Pty. Ltd., Land Information New Zealand, Lufthansa Cargo AG, Linde & Wiemann, Lloyds TSB plc. (Coheris Infocat), MCG Capital Corporation, Mallesons, Metro Products, Milk Specialties (Geac), N.E.W. Customer Services Company, NFO NFO Info File (file type extension) NFO New Fund Offer NFO National Farmers Organization NFO Naval Flight Officer (US Navy) NFO National Family Opinion Singapore Pte Ltd., NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Data Systems, News International (MIS UK Ltd.), New Zealand Ministry of Health The Ministry of Health (Manatū Hauora in Māori), formerly the Department of Health from 1903 to 1993, is a department of the New Zealand government. , Pecotex Mode (Aexis Belgium), Premiere Radio Networks Premiere Radio Networks is a radio syndication and preparation company based in the United States. It is currently the largest syndication company in the United States based on popularity of programming. , Priory Healthcare (MIS UK Ltd.), Richmond Wholesale (Applied Analytics), Royal Shakespeare Company and STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. Group Ltd. (GEAC Enterprise Solutions), Saab Automobile AB, Sara Lee Coffee and Tea (The Brittenford Group), Singapore Oxygen Air Liquide, TEC France International, Telstra Mobiles, Turner Broadcasting (Stratature), Upromise (The Brittenford Group), Williams Scotsman and York St. John College. Enterprises who licensed TM1 with the additional Web deployment and workflow capabilities of Applix Integra include The Countess of Chester Countess of Chester may mean:
University College London, commonly known as UCL, is the oldest multi-faculty constituent college of the University of London, one of the two original founding colleges, and the first British Hospital, and Whipps Cross Hospital (all via partner InFocus Health), Happy Size Company, and Visa USA. The Company also realized numerous add-on sales of its licenses and modules from customers such as CBS Television City “Television City” redirects here. For the proposal for a Television City in New York City, see Trump Place. CBS Television City is a television studio located in the Fairfax District of Los Angeles' West Side at 7800 Beverly Boulevard, at the corner of Beverly and , Churchill Insurance, Compass Bank, DaimlerChrysler Services, Le Meridien (MIS), Motorola, Lloyds TSB Bank (Coheris Infocat), R. Twinings, and PWC (Solaris 2000). About Applix Applix (NASDAQ: APLX) is a global provider of Business Intelligence and Business Performance Management software solutions based on its TM1 product. These solutions enable the continuous management and monitoring of performance across the financial, operational, customer and organizational functions within the enterprise. More than 1,600 customers worldwide use Applix's adaptable, scalable and real-time solutions, delivered by Applix and by a global network of partners, to manage their business performance and respond to the marketplace in real-time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit www.applix.com. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those indicated. Factors that could cause or contribute to such differences include competitive pressures, changes in customer demands, adverse economic conditions, loss of key personnel, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and other matters disclosed under the heading "Risk Factors" in the Company's annual report on Form 10-K for the period ended December 31, 2002 as filed with the Securities and Exchange Commission. The forward-looking statements provided by the Company in this press release represent the Company's views as of the date of this release. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, and these forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release. (C)2003 Applix, Inc. All rights reserved. Applix and TM1 are registered trademarks of Applix, Inc., and Applix Integra is a trademark of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners. |
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